Robeco Institutional Asset Management B.V. increased its holdings in AMETEK, Inc. (NYSE:AME – Free Report) by 10.9% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 578,740 shares of the technology company’s stock after buying an additional 56,734 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in AMETEK were worth $143,371,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors and hedge funds also recently modified their holdings of the business. Diversify Advisory Services LLC grew its stake in AMETEK by 1.9% in the 3rd quarter. Diversify Advisory Services LLC now owns 3,476 shares of the technology company’s stock valued at $864,000 after purchasing an additional 65 shares during the period. Petredis Investment Advisors LLC raised its stake in shares of AMETEK by 0.3% during the 3rd quarter. Petredis Investment Advisors LLC now owns 31,062 shares of the technology company’s stock worth $7,695,000 after purchasing an additional 82 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd raised its stake in shares of AMETEK by 1.8% during the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 42,449 shares of the technology company’s stock worth $10,516,000 after purchasing an additional 741 shares during the period. Investment Research Partners LLC raised its stake in shares of AMETEK by 7.8% during the 3rd quarter. Investment Research Partners LLC now owns 5,832 shares of the technology company’s stock worth $1,445,000 after purchasing an additional 423 shares during the period. Finally, Value Partners Investments Inc. boosted its holdings in shares of AMETEK by 3.4% in the 3rd quarter. Value Partners Investments Inc. now owns 9,257 shares of the technology company’s stock worth $2,300,000 after buying an additional 306 shares during the last quarter. 87.43% of the stock is owned by hedge funds and other institutional investors.
AMETEK Stock Performance
Shares of AME opened at $250.43 on Thursday. AMETEK, Inc. has a 1 year low of $182.87 and a 1 year high of $261.16. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.21 and a quick ratio of 0.76. The stock’s fifty day moving average price is $244.11 and its two-hundred day moving average price is $237.60. The firm has a market cap of $57.40 billion, a PE ratio of 36.61, a PEG ratio of 2.34 and a beta of 0.96.
AMETEK (NYSE:AME – Get Free Report) last posted its quarterly earnings results on Tuesday, August 4th. The technology company reported $2.09 earnings per share for the quarter, topping the consensus estimate of $1.99 by $0.10. The company had revenue of $2.04 billion during the quarter, compared to the consensus estimate of $1.95 billion. AMETEK had a return on equity of 16.93% and a net margin of 20.04%. The firm’s quarterly revenue was up 15.0% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.78 EPS. AMETEK has set its Q3 2026 guidance at 2.080-2.100 EPS and its FY 2026 guidance at 8.200-8.300 EPS. On average, equities research analysts forecast that AMETEK, Inc. will post 8.41 EPS for the current year.
AMETEK Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th were given a dividend of $0.34 per share. The ex-dividend date was Tuesday, September 15th. This represents a $1.36 annualized dividend and a dividend yield of 0.5%. AMETEK’s dividend payout ratio is currently 19.88%.
Insider Activity
In other news, insider David Hermance sold 6,608 shares of the firm’s stock in a transaction on Friday, August 7th. The stock was sold at an average price of $254.00, for a total value of $1,678,432.00. Following the completion of the transaction, the insider directly owned 42,509 shares of the company’s stock, valued at $10,797,286. This trade represents a 13.45% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.54% of the stock is currently owned by corporate insiders.
Wall Street Analyst Weigh In
AME has been the subject of several research reports. Seaport Research Partners increased their price target on shares of AMETEK from $290.00 to $300.00 and gave the company a “buy” rating in a research report on Wednesday, September 2nd. Royal Bank Of Canada raised their price objective on shares of AMETEK from $260.00 to $291.00 and gave the stock an “outperform” rating in a report on Wednesday, August 5th. Citigroup lifted their price objective on shares of AMETEK from $261.00 to $263.00 and gave the stock a “neutral” rating in a research report on Monday, October 12th. KeyCorp boosted their target price on shares of AMETEK from $260.00 to $295.00 and gave the company an “overweight” rating in a research note on Wednesday, August 5th. Finally, TD Cowen reiterated a “buy” rating on shares of AMETEK in a research note on Thursday, August 6th. One analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $274.41.
Read Our Latest Stock Analysis on AME
About AMETEK
AMETEK, Inc is a global manufacturer of industrial technology solutions. The company develops and produces advanced analytical, monitoring, testing, and measurement instruments, as well as engineered electromechanical products used in industrial, aerospace, defense, energy, medical, and other specialized markets.
AMETEK operates through two primary business groups: Electronic Instruments and Electromechanical. Its products include process and power monitoring systems, analytical instruments, automation and control technologies, aerospace and defense equipment, precision motion-control systems, motors, thermal-management solutions, engineered materials, and specialty metal products.
The company traces its roots to 1930 and has expanded through the development and acquisition of specialized technology businesses.
Featured Articles
- Five stocks we like better than AMETEK
- GM Beat and Added a $20 Billion Buyback—Why Did the Stock Fall?
- Intercepting Growth: Karman Secures $218M Lockheed Martin Deal
- Tech Stocks Took a Hit—These 2 Pharma Stocks Are Near New Highs
- Chip Stocks Have Pulled Back—Here’s How 3 Semiconductor ETFs Stack Up for Investors
Want to see what other hedge funds are holding AME? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for AMETEK, Inc. (NYSE:AME – Free Report).
Receive News & Ratings for AMETEK Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AMETEK and related companies with MarketBeat.com's FREE daily email newsletter.
